Bank of Rajasthan was merged with

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	HDFC Bank
B	ICICI Bank
C	AXIS Bank
D	Citi Bank

Explanation:

Detailed explanation-1: -The Board has approved a share exchange ratio of 25 shares of ICICI Bank for 118 shares of Bank of Rajasthan, which works out to one ICICI Bank share for every 4.72 Bank of Rajasthan shares, and falls within the range recommended by Haribhakti & Co.

Detailed explanation-2: -The Bank of Rajasthan Ltd (Hindi: ) (BSE: / (500019 ) was a private sector bank of India which merged with ICICI Bank in 2010.

Detailed explanation-3: -BoR shares surged 20% to Rs99. 50 following the development. Bank of Rajasthan said in a notification to the stock exchanges that its controlling shareholders, the Tayal family, “have entered into an agreement on 18 May 2010, with the ICICI Bank for proposing an amalgamation of both."

Detailed explanation-4: -There are 560 Icici Bank branches available in 32 districts of Rajasthan state. How to search Icici Bank branches in Rajasthan?

There is 1 question to complete.